Manawatu Standard

New investors for Canes

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The Hurricanes havewelcom­ed newoversea­s investors in a bid to expand their brand around the globe. Y11 Sport & Media, a global investment group specialisi­ng in sport, has acquired a 25% stake in the Hurricanes and Richardman­sell has secured 12.5%, the Wellington-based Super Rugby franchise announced yesterday. Mansell is the director of the Horowhenua-kāpiti Rugby Football Union and the chief executive of Coastlands Mall. The Hurricanes are sixth in the inaugural Super Rugby Pacific competitio­n.

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